2485 SPRING CREEK RD
About This Property
Positioned in an ideal location, you get the best of quiet country living without sacrificing convenience. You are just minutes from Chipola College, Florida Caverns State Park, diving at Merritt's Mill Pond, and the popular floating routes down the Chipola River, as well as local dining, shopping, and interstate access. Come tour this unique property and experience its charm firsthand!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017